This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting kinase enzymes. Its structure is often incorporated into inhibitors that regulate cellular signaling pathways, making it valuable in the development of cancer therapies. Additionally, it is explored in the design of drugs for inflammatory and autoimmune diseases due to its ability to modulate specific protein interactions. Researchers also leverage its chemical properties to create novel compounds for studying enzyme mechanisms and drug discovery processes.